A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Curaçao
Step 1 – Join Kraken You'll first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Wrapped Bitcoin (WBTC) Once your deposit has been affirmed, you'll directly have access to your finances and you can begin purchasing and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate Wrapped Bitcoin (WBTC), you'll need to insert the short name of the asset (WBTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've marked this too. Click on “WBTC/BTC” to advance.
Step 4 – Buying Wrapped Bitcoin (WBTC) After you've discovered Wrapped Bitcoin (WBTC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to create our Limit Order. The field with the “Price” tag will be filled with the most recent rate (WBTC) Wrapped Bitcoin was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of WBTC you like to buy. The “Total” field is the whole price in BTC that you'll pay for the whole amount of WBTC. If you're glad, click on “Buy WBTC”. Your plan will be filled when a Seller trades their WBTC for the price you submitted.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you are trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. In order to withdraw your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped Bitcoin (WBTC) by using the given drop-down box. Put into the quantity of (WBTC) Wrapped Bitcoin you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.